Ethereum is stuck at 3800 dollars, with a 3.6 billion dollar time bomb buried within a 200 dollar range:
1. Breaking above 4000: 2 billion short positions will be forcibly liquidated, pushing prices higher with buying pressure.
2. Breaking below 3630: 1.6 billion long positions will be liquidated, triggering a panic sell-off.
The market is as fragile as paper; breaking in either direction will trigger a chain reaction, leading to a runaway market.
The big players hold the knife and choose their targets:
1. Short army explosion: Breaking above 4000, using short covering as profit fuel. I think: It's too costly, with high risk of being trapped at high levels.
2. Killing the bulls: Breaking through 3630, picking up cheap chips from panic selling. However: It could shatter confidence or encounter a strong bottom-fishing rebound.
3. Eating from both sides: Repeated false breakouts between 3630-4000, harvesting stop-loss orders from chasing highs and selling lows. Expert play, but the risk is also the highest; control errors can lead to self-harm.
Chain Circle View:
3800 is the whale arena, with a 1 dollar fluctuation affecting billions of funds, amplifying human greed and fear.
A sincere reminder: Don't be fooled by the calm surface; underneath is a man-eating whirlpool! Key positions with high leverage, don't bet heavily, fasten your seatbelt. History proves that this is when 'black swans' are most likely to appear.
Blindly going solo will never bring opportunities. Follow the chain circle and it will guide you to explore tenfold potential coins! Top-tier first-level resources! Follow the chain circle to discuss coins
